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What is business acumen and how do you get it in Retail industry?

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تم إضافة السؤال من قبل Nagah El-Ossaily , Group Chief Financial CFO- IPO expert , A listed Joint stock Retail & Wholesales company
تاريخ النشر: 2016/04/25
Gurjit Singh
من قبل Gurjit Singh , Global Sales and Business Development Manager- Actively looking for change , Saudi Rubber Products Co.

I totally agreed with the answer given by experts............

 

Jareer Al Hamarneh
من قبل Jareer Al Hamarneh , Country Manager , NATIONAL PAINTS (Al Sayegh Group)

In practice, people with business acumen are thought of as having business ‘sense’ or business ‘smarts’. They are able to obtain essential information about a situation, focus on the key objectives, recognize the relevant options available for a solution, select an appropriate course of action and set in motion an implementation plan to get the job done.

TARIG BABIKER AL AMIN
من قبل TARIG BABIKER AL AMIN , Head of Planning and Studies Unit , Sudanese Free Zones and Markets Co.

Business acumen, also referred to as commercial or financial acumen, is defined as an intuitive and applicable understanding of how a company makes money and is critical to effective strategy execution

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